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Refining

India's Reliance in crude-for-naphtha swap deal with Venezuela

India's Reliance Industries plans to use naphtha supplies as partial payment for crude purchases from Venezuela after the refiner obtained a U.S. approval last month to resume oil trade with the sanctioned producer, three sources aware of the contract terms said.

Singapore's middle distillates stocks rise to 3-yr high

Singapore's middle distillates stocks climbed for a second week to hit a 3-yr high of nearly 12 MMbbls, as a drop in diesel/gasoil net exports countered gains in jet fuel/kerosene net exports.

Indonesia begins testing to prepare B50 palm oil biodiesel mandate

Indonesia is carrying out tests ahead of plans by the incoming government to increase the palm oil-based biodiesel blending mandate to 50%, from 35% now, raising industry concerns over supplies for exports.

Maersk's shipping future includes dual-fuel vessels, continuing decarbonization of marine transport

Maersk is in the process of signing newbuilding orders and time-charter contracts for dual-fuel vessels (methanol and liquified dual-fuel propulsion systems) matching the planned renewal pace of around 160,000 TEU/yr.

ExxonMobil's Joliet, Illinois (U.S.), refinery restarts units, ramps up production

Exxon Mobil restarted select units at its 251,800-bpd in Joliet, Illinois, three weeks after it lost power following a storm.

Digital Feature: U.S. EPA’s new Chemical Accident Prevention rule takes effect: What to know

On March 11, 2024, the U.S. Environmental Protection Agency published a final rule amending its Risk Management Program regulations. Here is what facility owners need to know about this new regulation.

Digital Feature: Minimizing the cost of corrosion: Budgeting for industrial asset preservation

Advanced budgeting for corrosion protection is critical to industrial facility management. Since the urgency of the matter is often not realized until a failure or accident occurs, the article provides several tips to help maintenance, purchasing or corporate teams start budgeting for preservation before an emergency happens.

Canada's Suncor Q2 report shows increased refinery throughput and refined product sales

So far Suncor is tracking above the high end of its forecasts for 2024 oil production, refining throughout and refined product sales, Kruger told analysts on an earnings call.

Exxon's Joliet, Illinois (U.S.) refinery restarts units, ramps up production

ExxonMobil has restarted select units at its 251,800-bpd refinery in Joliet, Illinois, three weeks after it lost power following a storm.

Canada's Suncor on track to exceed 2024 oil production, refinery guidance

Canada's Suncor Energy could exceed its 2024 guidance on oil production and refinery throughput.

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